Anirudh Devgan, President and CEO at CADENCE DESIGN SYSTEMS INC (CDNS), sold 146,281 shares at $303.58 ($44.0M) on 2024-03-18, disclosed to the SEC on 2024-03-19.
Scheduled sale ($44.0M) by President and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $298.44 | 49,215 | $14.7M | 33.3% |
| 2 | $300.73 | 3,757 | $1.1M | 2.6% |
| 3 | $300.73 | 3,757 | $1.1M | 2.6% |
| 4 | $302.03 | 10,013 | $3.0M | 6.9% |
| 5 | $302.03 | 10,013 | $3.0M | 6.9% |
| 6 | $302.75 | 31,749 |
| $9.6M |
| 21.8% |
| 7 | $302.75 | 31,749 | $9.6M | 21.8% |
| 8 | $303.58 | 3,014 | $915K | 2.1% |
| 9 | $303.58 | 3,014 | $915K | 2.1% |
| Total | $301.13 avg | 146,281 | $44.0M | 100% |
| Filing → |
| CDNS | SELL | 2025-12-09 | $6.8M | — | Filing → |
| CDNS | SELL | 2025-11-07 | $3.6M | — | Filing → |
| CDNS | SELL | 2025-05-06 | $3.3M | — | Filing → |